Hurmat's Group

Hurmat is a housewife. She stays at home and does her household responsibilities. She is very active and efficient and performs her duties very well. Hurmat has given birth to three children. The eldest one works while her remaining children are getting their education. Her husband operates a donkey cart offering loading services to his clients.

Hurmat has applied for a loan from Kiva partner Asasah for further improvement of her husband’s business. With the loan investment, he will buy a new donkey cart and he will be able to provide better loading services to his clients and increase his income.

Additional Information

More information about this loan

Asasah offers products that are customized for its Muslim clients. This Qard Hassan product loan. also referred to as Qarz-e-Hasna (Al-Madad) in the Urdu language, is an interest free loan, usually offered to students or the very poor. For more information on Islamic microfinance, please click here.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.